The workshop organizers for a company is planning to offer training for financial literacy. The organizers are planning to charge participants $150 to attend. It costs $1200 to rent the room. The facilitator charges $850 per day. The presentation equipment will have to be rented at $580 and promoting the event will cost 370. The handout cost per participant is $15 and the organizers allocated a cost of $5 for light snacks per person. How many people should participate for the company to break even?
The workshop organizers for a company is planning to offer training for financial literacy. The organizers are planning to charge participants $150 to attend. It costs $1200 to rent the room. The facilitator charges $850 per day. The presentation equipment will have to be rented at $580 and promoting the event will cost 370. The handout cost per participant is $15 and the organizers allocated a cost of $5 for light snacks per person. How many people should participate for the company to break even?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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The workshop organizers for a company is planning to offer training for financial literacy. The organizers are planning to charge participants $150 to attend. It costs $1200 to rent the room. The facilitator charges $850 per day. The presentation equipment will have to be rented at $580 and promoting the event will cost 370. The handout cost per participant is $15 and the organizers allocated a cost of $5 for light snacks per person.
How many people should participate for the company to break even?
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